FAQ - Routing my paycheck with Early Pay

What are the perks of routing my direct deposit through EarnIn

Routing your direct deposit through EarnIn offers an upgraded experience, this includes: 

  • A higher Pay Period Max (up to $1000).
  • You get a discount on Lightning Speed, every time you Cash Out.
  • Access your paycheck up to two days early with Early Pay for a $2.99 Lightning Speed fee charged by Evolve Bank & Trust, or use the standard transfer to deliver your paycheck on your employer’s scheduled payday for no cost.

How much does my direct deposit need to be for my Pay Period Max to increase?

To be eligible for a Pay Period Max increase your direct deposit must amount to at least $1000 per month. 

For example, if you are paid weekly, your direct deposit must be at least $250. If you are paid biweekly or semi-monthly - $500.

 

How much does Early Pay cost?

Access your paycheck up to two days early with Early Pay for $2.99 per paycheck, which is paid to Evolve Bank & Trust. 

 

Will opening a Deposit Account with EarnIn’s banking partner affect my credit score?

Nope! When you open a Deposit Account, the process does not involve a hard credit check, which is the type of inquiry that can impact your credit score. 

Routing your direct deposit to the Deposit Account is a standard banking function and does not involve any credit-related activity. Since the Deposit Account isn’t tied to credit approval or borrowing, there’s no reason it would influence your credit score.

 

My employer issued me paper checks while I transitioned my direct deposit to my Deposit Account. How will this affect my EarnIn account?

If this causes an overdraft fee due to EarnIn debiting your linked bank account, or if you notice a decrease in your Pay Period Max for the pay period, please contact our 24/7 community advocates for support. We’ll review your EarnIn account and assist you.

Additionally, it’s a good idea to confirm with your employer that your next paycheck is set up for direct deposit to your Deposit Account.

 

What happens if my paycheck isn’t enough to cover my transfers and tips?

If your direct deposit in your Deposit Account isn't enough to cover all debits we will then switch those debits over to your linked bank account to post via same-day ACH on your expected payday.

 

How do I stop routing my direct deposit through EarnIn

You have full control over where you deposit your paycheck. Contact your employer to update your direct deposit details. 

You can continue using Cash Out as long as your linked bank account is receiving direct deposits. If you stop making qualifying deposits to your Deposit Account, the Lightning Speed fee will go back to the standard $3.99, while standard (ACH) transfers remain free. 

If you wish to close your Deposit Account permanently, contact EarnIn’s customer support. You won’t be eligible to sign up for a Deposit Account or EarnIn Card again if you do so.